Insights from Ludi

As hospitals cut costs in every area, one of the last remaining protected buckets is physician contracts. What if I told you that you can cut 1% off your total spend this next year. Would you believe me? There are 3 solid ways to cut your spend, and actually, with data, all can be relatively painless. You need a ginzo knife to get in there and trim the fat.

Automation is a big word and an even bigger concept. It's important to remember that there are varying degrees of automation. Take, for example, the process of having physicians log time for their administrative duties on hospital contracts such as medical directorships, teaching, co-management, etc. One way to automate this process might be to use excel file templates to log and submit time for approval, another might be to give a physician an application to track their time. What if we’re talking about full automation of this process from the time the physician logs their time through to review, approval, and reporting for the hospital? What does that look like and how does it benefit all parties involved? Take a peek at the 7 benefits related to an automated physician logging process…in our eyes it’s a positive change for everyone involved, not just the physician!